So what do we know?
Need for clarification
Rangers’ potential new owner has asked for clarification on what he is buying, a franchise with a place in the SPL or the middle of a doughnut, with the ability to apply for membership to the Scottish Football League.
That clarification has not been delivered, which must undermine Rangers sale.
Rangers want an extension
Despite needing clarification, Rangers administrators, Duff and Phelps, failed to attend the meeting and asked for a further extension (it’s like the 2007-08 league season all over again). Curious, to say the least. Clearly they were not in a position to offer the SPL information that would assist their case.
To be revealed before 30 May
The next meeting is on 30 May, by then the First Tier Tribunal on Rangers Employee Benefit Trust will have reported. There will also be a considerable amount of information in the public domain on how Rangers operated under Sir David Murray. With all this information available, it will be impossible for the SPL to further delay publishing the findings of their inquiry into Improper Registration of Players by Rangers. In disciplinary terms, this is the big one.
What about Craig Whyte?
Bill Miller was appointed preferred bidder on Thursday but, as floating charge holder, Craig Whyte can ask the court to block stop Duff and Phelps disposing of Ibrox. We don’t know Craig Whyte’s mind, or if he has a deal with Miller, but if they are not working in partnership, you can expect a late and effective legal block put in place to stop the disposal of Ibrox.
So what does it mean?
The chance of a Newco being in place, in the SPL or SFL, for the start of next season has never been more remote. On 7 May they don’t have a buyer, after 10 weeks they don’t have the stadium and the moral outrage over what looked likely to be voted through today is beginning to gain traction.
Today was the best chance Rangers had to cut a quick deal with the SPL. Further delay only means more time for the other clubs to work on contingency plans and to be lobbied by their own supporters.
We are six days away from the end of the season and Duff and Phelps have to put enough of a confirmed deal in place to convince someone to part with £11.2m. They don’t have passage into the league and they don’t have a stadium to sell.
If Bill Miller stays in the game until the end of the week and submits a formal offer for the stadium and other assets, we can expect Craig Whyte to go to court to halt the process. I cannot see how or why Miller, who doesn’t even have a passport and has made no moved to come over and negotiate in person, would put £11.2m on the table when he doesn’t know what he is buying, or what sporting and financial penalties are coming his way.
Rangers will have to overcome all these obstacles long before 30 May if they are to stay in the game long enough for Newco to inherit their place in the SPL but their chances of surviving that long is dependent on a positive outcome from the meeting that has now been postponed.
They look marooned; I don’t think they are going to make it.
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I can well understand why people detest Yorkston so much. What happened in the 2002/2003 season for example?
Rangers winning 6-1 v Dunfermline who had the 3rd best defence that season.
Maybe people on here are correct that Yorkston would rather sink his own team rather than Rangers.
Why should any team accept relegation from a league where one of their competitors has stolen an unfair advantage by signing and paying players using unpaid taxes, and withholding various monies due to other football clubs?
Chris
Did Doncaster know Dunfermline were already relegated?
Must know something I don’t
Paul67
I am sure i read somewhere that the SFA had to pay the balance on the Jelavik transfer (as rangers couldn’t fulfil the final payment), and that tab was picked up by all other clubs in the SPL.
Here is a Question, maybe its been asked and answered..
Will the sum which was paid to rapid Vienna be recouped from the payment rangers recieve from finishing 2nd in the SPL?
Wouldn’t want them to be accused of not paying their dues ;)
All looking a bit seedy now. Met last week, then told need to wait another week as picture at RFCIA will be clearer, now we need to wait another 3 weeks.
Yorkston comes out with his statement yesterday about his voting intentions in full knowledge that todays latest nonsense would be adjourned.
Scammers and liars.
Bowling Club material.
Doncaster is an a-typical career individual – his main concern now is his C.V.
He will buck-pass and when the time is right……… he will bale out – hence his deflection and desire for those other than him to reach a conclusion. The longer this plays out the less influence he will have in decisions – he will contrive to be no more than a spokesman.
The main player Hector has still to make an entrance!
Auld heid
Thanks for that. May make that my base for the duration.
Awe Naw – article 25
A General Meeting called for the passing of a special resolution, Qualified
Resolution or Special Qualified Resolution shall be called by at least twentyone (21) clear days’ notice. All other General Meetings (including any
General Meeting at which a resolution in respect of a Reserved Matter for
which a Qualified Resolution or Special Qualified Resolution is not required)
shall be called by at least fourteen (14) clear days’ notice save for a meeting
called by shorter notice if it is so agreed:-
Did Duff & Duffer know Dunfermline were already relegated?
Must know something I don’t
A hun at a hun fest, surely no Janet…
Tom Miller @TomCommentator
Strange to see AIRDRIE Chairman Jim Ballantyne in Directors Box at Windsor Park today c/w his Rangers Fighting Fund badge !
Retweeted by Celtic Underground
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Green Brigade Statement
The Green Brigade will not be renewing our season tickets at this moment in time.
We’d advise all of those within the section 111 to also not renew until we have some clarity re the Huns Newco. situation and also until we’ve had the opporuntiy for us all to discuss this.
We will have a section meeting very shortly where we can discuss all of this.
———-
Why on WordPress when they have their own website?
MWD
Feels like any support you given your team over the years had indirectly helped Rangers get out of this situation.
@AberdeenChange
hen1rik on 7 May, 2012 at 20:20 said:
Went over and spoke to the boys when they were taking the flag down yesterday after the game.Asked if they had any plans on the newco situation superb statement glad some fans still have a backbone.HAIL HAIL THE GREEN BRIGADE
Few Polish websites say after Daily Record that Celtic is interested in Maor Melikson from Wisla Cracow. I think the agent or DR is not right.
jake the snake @celticservant
Thank fck the Green Brigade didn’t bring a chicken to the last game v Rangers. The huns would phone the polis saying it was a lion.
LoL
Tom Miller @TomCommentator
Strange to see AIRDRIE Chairman Jim Ballantyne in Directors Box at Windsor Park today c/w his Rangers Fighting Fund badge !
Jim Duffy is to intelligent discourse what Donald Trump is to fashionable hairstyling.
CelticResearch @CelticResearch
So Jim Ballantyne Airdire Director and member of the SFA Board who will eventually decide Newco’s fate turns up to see Linfield v RFC* today
Green Brigade = balls and conviction!
I assume the huns have not sent out season ticket renewals seeing as they dont know which league they will be in.
They are dead and buried.
HH
sparkleghirl on 7 May, 2012 at 20:18 said:
Listeining to the BBC SCotland link with ND; the 8-4 applies to the vote to allow newco in.
That’s not what the SPL Articles say!
Article 2 defines a Special Qualified Resolution is one requiring 83% support, ie 10 votes from 12.
Article 2(g) specifies one of the issues that requires a Special Qualified Resolution as “the allotment and issue of a Share”
Are they going to argue that a transfer of a share to a Newco is not “allotment” or “issue” and therefore requires a lesser voting threshold? Sounds like a fix to me.
The only other place that voting on a transferring a share is mentioned is in Article 14 (ii), where a member is liquidated. In this case a Qualified Resolution (ie 90% or 11 votes) is required.
I can’t see how Doncaster can argue that only 8 votes are required, unless this is part of the amendment to the Articles that will be voted on at the next meeting on 30/5. But then to change the Articles itself requires 11 clubs to be in favour!
Awe_Naw_No_Annoni_Oan_Anaw_Noo on 7 May, 2012 at 20:26 said:
Try again
I cannot find a 21 day ruling in the SPL hand book so how has the 30th of May been chosen ?
Just my interpretation: assuming SPL is a limited company (with articles) – normally requires 21 days notice to call an EGM or change said articles.
Life support machine demands a day off!
Electric chair to stand in!!
Although we feel pretty close to official comment from Celtic.
I’ll expect silence.
lennon’s passion on 7 May, 2012 at 20:31 said:
I said it earlier on in 1 of my posts matey, us as fans can STOP newco and this includes other fans but we need to start moving quickly because i have a sneaky feeling Doncaster knows that more info will be available before the 30th.
Heard the link to Maor Melickson before…about a month ago. Looks a decent player. A creative no10.
Gordon_J backing Neil Lennon on 7 May, 2012 at 20:35 said:
He said “like the majority of decisions” where the 8-4 rule applies.
praecepta on 7 May, 2012 at 20:35 said:
The 21 day thing is in article 25 of the SPL handbook
Board playing blinder, the sound of silence is deafening!
For those who claim Scottish football needs a competitive Rangers to survive, consider this: From ’78 to’87 Rangers won 1 Scottish title…
Perhaps the delay is to get the first round of season renewals in? But what if a Scottish football wide campaign to withhold renewal money until newco is sunk got underway, the morally bankrupt chairmen may suddenly rediscover sporting integrity as a value.
I see that a certain Mr Jim Ballantyne, Chairman of Airdrie United, President of the Scottish Football League, and one of 9 members of the SFA`s Professional Game Board (Campbell Ogilvie and Neil Doncaster also sit on this board) attended today`s Linfield v Rangers match in his capacity as a Rangers fan (he was wearing a Rangers Fighting Fund lapel badge).
These people are so brazen and have no shame.
Paddy Gallagher on 7 May, 2012 at 20:38 said:
Board playing blinder, the sound of silence is deafening!
nothing to comment on yet…………….don’t judge too early
So Sandy Clark thinks some St Mirren player didnt give 100% on that glorious day 26years ago. He also thinks the Bill Crombie shouldnt have been the ref as he was a Jambo and any dodgy decisions would put pressure on Crombie not to show his Hearts bias. He goes on to tell us that he was livid when Colin Hendry brot him down and Crombie should have given Hearts a penalty. I bet Hendry was livid as well he didnt give the penalty!!!
HaiL HaiL
Re the airdrie chairman, i live in lenzie as does he,
Believe me its no real news in this neck of the woods.
Do you know what amazes me ?
The huns say they will hurt whoever goes against them, that’ll be hard if they’re relegated lol.
Magnificentseven
I was/am sticking up for the board, I genuinely believe they are playing a blinder.
tgbs
Him and Peat share the badge!! Peat was at flute practice up Baillies Lane the night!!